Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of West Calcasieu Port and is presented on the accural basis of accounting.
The information on this schedule is presented in accordance with the requirements
contained by Title 2 of U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance).
The amounts presented in this schedule do not differ from the amounts presented in the financial statements.
The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.